Airbnb (ABNB) Operating Margin (2020 - 2026)
Airbnb's Operating Margin was 21.01% in Q2 2026, up 1.24 percentage points from 19.77% a year earlier and up 17.80 percentage points from the prior quarter.
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Analysis
Airbnb (ABNB) Operating Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Airbnb's Operating Margin was 20.81% through Jun 30, 2026, down 1.69 percentage points year-over-year; for FY2025, it came in at 20.78%, down 2.21 percentage points from FY2024.
- Operating Margin shows a five-year change of +127.06 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was 23.00% in FY2024 (+7.69 pp), 15.31% in FY2023 (-6.15 pp), 21.45% in FY2022 (+14.30 pp) and 7.16% in FY2021 (+113.44 pp).
- Quarterly Operating Margin has moved between -22.36% (Q4 2023) and 44.04% (Q3 2023) over five years.
- Compared with a year earlier, Operating Margin was higher in four of the last eight quarters, with an average year-over-year change of +3.64 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q4 2021 (a gain of 365.77 percentage points); the worst was Q4 2023 (a drop of 34.72 percentage points).
- Per Business Quant data, ABNB's Operating Margin in the three quarters before Q2 2026 was 3.21% (Q1 2026), 9.68% (Q4 2025) and 39.68% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,139.30 Bn | 3,896.82 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,802.48 Bn | 1,505.00 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 295.38 Bn | 255.58 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 253.00 Bn | 66.78 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 219.40 Bn | 196.59 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 143.37 Bn | 115.17 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 125.53 Bn | 58.58 Bn | - | 34.00% |
| 8 | PDD Holdings | 113.03 Bn | -130.74 Bn | 9.45 Bn | 24.71% |
| 9 | Spotify Technology | 108.69 Bn | 66.19 Bn | 1.86 Bn | 13.71% |
| 10 | Airbnb | 102.92 Bn | 56.15 Bn | 2.98 Bn | 21.01% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.01% |
| Mar 31, 2026 | 3.21% |
| Dec 31, 2025 | 9.68% |
| Sep 30, 2025 | 39.68% |
| Jun 30, 2025 | 19.77% |
| Mar 31, 2025 | 1.67% |
| Dec 31, 2024 | 17.34% |
| Sep 30, 2024 | 40.86% |
| Jun 30, 2024 | 18.09% |
| Mar 31, 2024 | 4.72% |
| Dec 31, 2023 | -22.36% |
| Sep 30, 2023 | 44.04% |
| Jun 30, 2023 | 21.05% |
| Mar 31, 2023 | -0.28% |
| Dec 31, 2022 | 12.36% |
| Sep 30, 2022 | 41.71% |
| Jun 30, 2022 | 17.54% |
| Mar 31, 2022 | -0.33% |
| Dec 31, 2021 | 4.91% |
| Sep 30, 2021 | 38.08% |
API Access
Airbnb Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ABNB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ABNB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ABNB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();